Nifty Mid Select Today: Index Ends 0.18% Lower on 4 August

Updated: 4 Aug 2026 • 6:22 pm

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Nifty Mid Select Today: Index Ends 0.18% Lower on 4 August

Nifty Mid Select today closed mildly lower in the 4 August 2026 session, even as it ranked as the second top gaining sector index within the configured index basket. The index ended at 14,871.50, down 26.65 points or 0.18% from 14,898.15. The session showed mixed participation, with 9 stocks advancing, 14 declining and 2 unchanged.

Quick sector takeaways

Nifty Mid Select finished at 14,871.50, down 0.18% or 26.65 points from its previous close of 14,898.15.
The index traded between 14,790.00 and 14,908.85, opening at 14,906.40 before closing below the previous session's level.
Breadth was tilted towards declines: 9 of the 25 displayed stocks rose, 14 fell and 2 were unchanged.
Oracle Financial Services Software, Aurobindo Pharma and Polycab India were among the leading gainers, while Colgate-Palmolive (India), PB Fintech and Godrej Properties were among the sharpest drags.

Nifty Mid Select today: end-of-session wrap

The nifty mid select today reading reflects a restrained end to the session. The index slipped 26.65 points from the previous close to settle at 14,871.50. While the percentage decline was limited to 0.18%, the close remained below both the opening level of 14,906.40 and the prior close of 14,898.15.

The intraday path was not one-directional. Nifty Mid Select reached 14,908.85 at its high and fell to 14,790.00 at its low, a range of 118.85 points. Its closing level was 81.50 points above the day's low but 37.35 points below the day's high, indicating that the index recovered from its lowest level without returning to the session peak.

The close presents a mixed picture rather than a broad-based advance. A handful of notable gainers delivered positive stock-specific moves, but declining names outnumbered advancing names across the displayed basket.

Price snapshot

Metric	Level	Session reading
Previous close	14,898.15	Reference level for the day
Open	14,906.40	Started above the previous close
Day high	14,908.85	Highest level reached during the session
Day low	14,790.00	Lowest level reached during the session
Close / LTP	14,871.50	Down 26.65 points, or 0.18%

From the open to the close, the index declined 34.90 points. The narrow difference between the opening level and the day high shows that the early range was set close to the top of the session, while the subsequent low established the larger intraday movement.

Sector ranking

Nifty Mid Select was selected as the second top gaining sector index among the configured sector indices for this market view. This ranking is relative to the comparison basket and should be read alongside the actual price move: the index itself closed 0.18% lower on the day. In the same configured set, Nifty Metal gained 0.91%, while several other indices posted steeper declines, including Nifty Bank, Nifty Financial Services, Nifty IT, Nifty Auto, Nifty FMCG and Nifty Pharma.

That relative position makes Nifty Mid Select notable for holding up better than much of the tracked sector-index set, rather than for recording an absolute gain. For readers following the wider market dashboard, the Univest Market View provides the broader session context.

Constituent breadth

Market breadth within the displayed Nifty Mid Select basket favoured decliners. Of 25 stocks, 9 advanced, 14 declined and 2 remained unchanged, producing an advance-decline ratio of 0.64. This distribution aligns with the index's modest negative close and highlights that the session's relative resilience was not supported by a majority of displayed constituents.

The two unchanged stocks were Cummins India and Yes Bank. Their flat closes helped define the neutral portion of the breadth picture, while the balance between gainers and losers remained tilted towards the latter. Breadth is useful here because the index-level move was small, whereas individual stock moves ranged from a 3.23% decline to a 2.36% gain.

Heavyweights versus broader participation

The supplied heavyweight group was mixed. Max Healthcare Institute declined 2.13% to Rs 1,077, while HDFC Asset Management Company fell 1.71% to Rs 2,556. Indus Towers also ended lower by 1.34%.

On the positive side, Polycab India rose 1.57% to Rs 9,176 and Dixon Technologies gained 0.69% to Rs 13,988. The most-active supplied stock list carries the same set of names, so the named activity and heavyweight snapshots both point to a split session rather than uniform participation.

Key Nifty Mid Select stocks

Stock	Move	Why it matters
Oracle Financial Services Software	+2.36% to Rs 11,600	Largest percentage gainer in the displayed basket.
Aurobindo Pharma	+2.01% to Rs 1,585.90	Closed at its day high of Rs 1,585.90.
Polycab India	+1.57% to Rs 9,176	Provided a positive move within the supplied heavyweight group.
Colgate-Palmolive (India)	-3.23% to Rs 2,010	Largest percentage decliner among displayed stocks.
PB Fintech	-3.21% to Rs 1,597	Was among the sharpest negative movers.
Godrej Properties	-2.68% to Rs 2,033.60	Added to the weaker side of constituent breadth.

Biggest positive movers

Oracle Financial Services Software led the gainers, rising Rs 268 to Rs 11,600. Aurobindo Pharma added Rs 31.20 to close at Rs 1,585.90, while Polycab India gained Rs 142. BSE rose 1.20% to Rs 3,618 and Lupin advanced 0.71% to Rs 2,410. Aurobindo Pharma and Lupin both closed at their respective day highs, an intraday observation that places their closing prices at the top of their session ranges.

Biggest negative movers

Colgate-Palmolive (India) fell Rs 67, or 3.23%, to Rs 2,010, which was also its day low. PB Fintech declined Rs 53, or 3.21%, to Rs 1,597 after touching an intraday low of Rs 1,591.60. Godrej Properties lost 2.68%, Max Healthcare Institute fell 2.13%, and Mphasis declined 2.02%. These moves contributed to the larger count of decliners within the index.

Stocks to watch next session

Oracle Financial Services Software: closed at Rs 11,600 after a 2.36% advance.
Aurobindo Pharma: ended at Rs 1,585.90, its day high, after gaining 2.01%.
Polycab India: rose 1.57% to Rs 9,176, after trading between Rs 9,070 and Rs 9,215.
Colgate-Palmolive (India): finished at its day low of Rs 2,010 after a 3.23% fall.
PB Fintech: closed at Rs 1,597 following a 3.21% decline.
Godrej Properties: ended at Rs 2,033.60 after a 2.68% decline.

The constructive case

The constructive evidence is relative and selective. Nifty Mid Select's 0.18% decline was milder than several other configured sector indices, giving it the second-best relative rank in that comparison. The index also closed well above its intraday low of 14,790.00, showing a recovery of 81.50 points from the bottom of the day's range.

At constituent level, nine stocks advanced and the leading gainers posted meaningful positive moves. Oracle Financial Services Software and Aurobindo Pharma each gained more than 2%, while Polycab India, BSE, Lupin, Dixon Technologies, Vodafone Idea, Voltas and Bharat Heavy Electricals also finished higher.

The cautious case

The cautious reading rests on the actual close, not the relative ranking. Nifty Mid Select finished below its previous close and below its opening level. The 14-to-9 decline-to-advance split showed that negative participation was broader than positive participation, even though the aggregate index fall was limited.

The weakest displayed names also saw declines of more than 2%, led by Colgate-Palmolive (India), PB Fintech, Godrej Properties, Max Healthcare Institute and Mphasis. The next session will show whether positive moves in select stocks can widen or whether the broader decline count remains the dominant feature.

Univest Insights

The closing configuration in nifty mid select today is best described as relatively resilient but internally uneven. The index occupied a favourable relative position among the configured sector indices, yet its own close was negative and breadth was soft.

The range between 14,790.00 and 14,908.85 captures the day's push and pull. The close above the low indicates a late recovery from the weakest point of the session, while the close below the previous close confirms that the recovery did not fully reverse the day's loss.

For market participants tracking constituent behaviour, the divergence between strong gainers and sharp losers remains central. Positive contributions from Oracle Financial Services Software, Aurobindo Pharma and Polycab India stood alongside notable declines in Colgate-Palmolive (India), PB Fintech and Godrej Properties.

For traders and investors, the key signal to watch is…

Published on 4 August 2026 at 5:42 PM IST

Frequently asked questions

What was Nifty Mid Select today on 4 August 2026?

Nifty Mid Select closed at 14,871.50, down 26.65 points or 0.18% from the previous close of 14,898.15.

What were the day high and day low for Nifty Mid Select?

The index recorded a day high of 14,908.85 and a day low of 14,790.00.

Why was Nifty Mid Select ranked second among gaining sector indices despite a decline?

The ranking was relative to the configured sector-index basket. Nifty Mid Select fell 0.18%, but several tracked indices declined by larger percentages.

How was breadth in Nifty Mid Select?

Among 25 displayed stocks, 9 advanced, 14 declined and 2 were unchanged.

Which stocks were the top gainers in Nifty Mid Select?

Oracle Financial Services Software gained 2.36%, Aurobindo Pharma rose 2.01%, and Polycab India advanced 1.57%.

Which stocks were the top losers in Nifty Mid Select?

Colgate-Palmolive (India) declined 3.23%, PB Fintech fell 3.21%, and Godrej Properties lost 2.68%.

Disclaimer

Investments in securities markets are subject to market risks. Read all related documents carefully before investing. This sector-index update is for informational and educational purposes only and is not personalized investment advice or a recommendation to buy, sell, or hold any security.